Market briefing

India

India occupies 9th position of 11 countries in the Asian Digital Transformation Index. Despite the existence of a globally competitive technology sector and an education system which produces large numbers of skilled engineers and developers, weaknesses in digital infrastructure (it ranks last in this Index pillar) and a shortage of talent with advanced digital skills (10th in human capital), weigh India down as an environment for digital transformation. Its performance is more positive when it comes to industry connectivity, where it outpaces China and four other Asian economies. Its technology companies in particular are familiar with the ways in which partnerships can help firms pursue their own digital initiatives.

At 8th place, Thailand ranks in the bottom half of the Asian Digital Transformation Index, behind the region’s more technologically developed countries but ahead of India, the Philippines, and Indonesia.